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Apr 20, 2010
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david muir, abc news, new york. >>> more headaches for toyota. the company's recalling 2010 lexus gx-460s to fix a potential stability control problem. toyota says its dealers can update software to alleviate roll-overs. last week "consumer reports" put the vehicle on its don't buy list because of the safety hazard. >>> general motors is set to announce tomorrow it will fully repay the $6.7 billion taxpayer loan earlier than the promised payback date in june. the ceo is expected to make the details public during a visit to a plant in kansas city. the company has received a total of $52 billion in u.s. government aid with the $6.7 billion considered a loan. >>> some political news this morning out of florida where governor charlie crist says he hasn't made up his mind whether to run for the senate as an independent. crist trails conservative republican marco rubio in primary poll busy double-digit margins. their race is seen as a test between moderate policies and those of a tea party-backed candidate. crist is considering his options. >> i can te
david muir, abc news, new york. >>> more headaches for toyota. the company's recalling 2010 lexus gx-460s to fix a potential stability control problem. toyota says its dealers can update software to alleviate roll-overs. last week "consumer reports" put the vehicle on its don't buy list because of the safety hazard. >>> general motors is set to announce tomorrow it will fully repay the $6.7 billion taxpayer loan earlier than the promised payback date in june. the ceo...
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Apr 8, 2010
04/10
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toyota has declined to comment. the automaker has recalled more than 6 million vehicles in the u.s. >>> well, here is a look at the thursday forecast. there will be rain along the coast in the pacific northwest and snow in the mountains of montana and idaho. showers and thunderstorms are possible from the gulf coast to the northeast. >> the east coast will see another warm day before a big cool-off by tomorrow. the midwest will be a little cooler than usual with minneapolis and fargo in the 50s. southwest is sunny and seasonable with phoenix and l.a. in the 80s. >>> the french spider-man is back doing what he does best. climbing tall buildings and being arrested. elaine robert returned to his home in paris where he scaled a 607-foot office building. police were of course waiting for him at the top. >> as they often are. robert has climbed nearly 100 buildings around the world including the empire state building and the eiffel tower. the big thrill for robert. but not for property managers or the police. i think they
toyota has declined to comment. the automaker has recalled more than 6 million vehicles in the u.s. >>> well, here is a look at the thursday forecast. there will be rain along the coast in the pacific northwest and snow in the mountains of montana and idaho. showers and thunderstorms are possible from the gulf coast to the northeast. >> the east coast will see another warm day before a big cool-off by tomorrow. the midwest will be a little cooler than usual with minneapolis and...
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Apr 14, 2010
04/10
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. >>> toyota says it will temporarily stop selling the lexus gx-460 after consumer reports said the suv carried an unusually high risk of rollover accident during certain types of turns. it's the first time in ten years "consumer reports" has recommended against buying a specific car. >> reporter: watch what happens when the lexus gx-460 comes into a curve too quickly and the test driver tries to slow down by taking his foot off the gas. the rear tires slide out, resulting in a long, uncontrolled skid. "consumer reports" warns the suv could roll over. >> i've been here at "consumer reports" for 11 years. i've never seen an suv do anything this bad. >> reporter: fisher told me the suv's electronic responsibility control, designed to stop skids and rollovers, did kick in. but too late. it's a pretty drastic recommendation, don't buy this vehicle. >> yeah, it's been almost ten years since we've actually put a do not buy designation on any vehicle that we've tested. so this really is a serious concern. >> reporter: in a statement, toyota said it is concerned with the results of "consumer re
. >>> toyota says it will temporarily stop selling the lexus gx-460 after consumer reports said the suv carried an unusually high risk of rollover accident during certain types of turns. it's the first time in ten years "consumer reports" has recommended against buying a specific car. >> reporter: watch what happens when the lexus gx-460 comes into a curve too quickly and the test driver tries to slow down by taking his foot off the gas. the rear tires slide out,...
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Apr 2, 2010
04/10
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and in spite of recent bad publicity, toyota is on that list. chris bury has e >> reporter: for all its recent troubles, the massive recalls, the public relations fiascos, the embarrassment of having executives hauled before congress, toyota enjoyed sizzling sales last month. up 41% over last year. the big reason, generous incentives that lured back customers. >> it's clear that there are a lot of loyal toyota customers out there that were ready and willing to take advantage of these incentives once toyota put them in place. >> reporter: toyota fought its image battles with an aggressive advertising campaign. >> we want to believe that we can always be better. >> reporter: the biggest incentives in toyota history -- nearly $2,300 per vehicle -- helped turn around two straight months of declining sales. and american carmakers were on a hot streak too. >> the rebates are great, the finance rates are wonderful, and people are realizing that ford has got the car. >> reporter: at ford, sales were up nearly 40%. gm up 22%. chrysler, still struggling,
and in spite of recent bad publicity, toyota is on that list. chris bury has e >> reporter: for all its recent troubles, the massive recalls, the public relations fiascos, the embarrassment of having executives hauled before congress, toyota enjoyed sizzling sales last month. up 41% over last year. the big reason, generous incentives that lured back customers. >> it's clear that there are a lot of loyal toyota customers out there that were ready and willing to take advantage of...
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Apr 12, 2010
04/10
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. >>> federal regulators are considering a second fine against toyota for failing to notify the government about defective accelerators in a timely manner. they say because the accelerator pedals involved in the recall exhibited two separate defects, two separate remedies may be necessary. toyota has already been fined a record $16.4 million. >>> a senator charles schumer's taking aim at airlines charging a fee for carry-on luggage calling the idea a slap in the face to travelers. the new york lawmaker is asking the treasury department to rule that carry-ons are a travel necessity which would make them exempt from extra fees. schumer says if the treasury department fails to act, he plans to introduce legislation. he thinks people have to take their medicine, that sort of thing, it's sort of crucial they're allowed to take big carry-ons. >> it could set a precedent if this goes forward. >> people are going to start shoving stuff under the seat now, it will be a mess. >>> here's your monday forecast. another stormy day out west. heavy rain from l.a. to sacramento. 2 feet of snow in the sierr
. >>> federal regulators are considering a second fine against toyota for failing to notify the government about defective accelerators in a timely manner. they say because the accelerator pedals involved in the recall exhibited two separate defects, two separate remedies may be necessary. toyota has already been fined a record $16.4 million. >>> a senator charles schumer's taking aim at airlines charging a fee for carry-on luggage calling the idea a slap in the face to...
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Apr 15, 2010
04/10
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toyota immediately stopped selling the lexus gx-460. >>> finally this half hour, shifting your brain into high gear by working up a sweat. high school students discovered they think better after a workout. >> that's why for many kids gym now comes as first class. david wright reports. >> reporter: at naperville central high school west of chicago, kids who struggle in math and reading go to gym class first. >> what we're trying to do here is we're trying to jump start their brains. the very first class of the day is physical education, absolutely. >> reporter: at naperville, exercise isn't confined to the gym. there are bikes and balls right in the classroom. scientists say naperville is on to something. at the university of illinois, dr. charles hillman's research shows after a 30-minute stint on the treadmill, students actually do up to 10% better at problem solving. >> it's good for attention. it's good for how fast individuals process information. >> reporter: at naperville the program's been in place five years. students involved are now reading a year and a half above their gra
toyota immediately stopped selling the lexus gx-460. >>> finally this half hour, shifting your brain into high gear by working up a sweat. high school students discovered they think better after a workout. >> that's why for many kids gym now comes as first class. david wright reports. >> reporter: at naperville central high school west of chicago, kids who struggle in math and reading go to gym class first. >> what we're trying to do here is we're trying to jump start...
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Apr 9, 2010
04/10
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toyota ended up recalling more than 6 million vehicles in the u.s. >>> they're picking up the pieces in parts of the south after severe weather tore through there. the storm hit particularly hard in anderson county, south carolina, where 15 homes were damaged and dozens of trees came down. at least one tornado with winds of 125 miles an hour touched down in the area. about 3,000 homes lost power but there were no serious injuries. >>> here is a look at the friday forecast. the day will start off wet from north carolina to new york. that rain will linger through the afternoon in new england. it will also be rainy in southern florida and south texas. seattle could also see a few showers. >> much cooler temperatures in the mid-atlantic and northeast. d.c. and new york are in the 60s. it's sunny and very warm across the desert southwest with phoenix the hot spot at 87. >>> well, thomas edison would be proud of himself. inside this building in ft. worth, texas, is a lightbulb which is still shining after more than a century of continuous use. >> the bulb was first installed in an opera ho
toyota ended up recalling more than 6 million vehicles in the u.s. >>> they're picking up the pieces in parts of the south after severe weather tore through there. the storm hit particularly hard in anderson county, south carolina, where 15 homes were damaged and dozens of trees came down. at least one tornado with winds of 125 miles an hour touched down in the area. about 3,000 homes lost power but there were no serious injuries. >>> here is a look at the friday forecast. the...
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Apr 28, 2010
04/10
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toyota had their problems, gm easily had their problems. ford really is on fire. >> it's a dramatic turnaround. a lot of people are concerned that progress isn't sustainable. if you look at wall street some of the stocks dipped by about $1. people are concerned. >>> coming up, challenges in covering the worst-ever nuclear sister disaster. >> that's next from the abc news vault. [shouting] [swords clank] watch out! give me all your treasure! imagine what a little time can do for your family. ah, ha! take that! happy birthday! ♪ you make me feel so young. ♪ you make me feel so spring has sprung ♪ you're not fooling anybody, you know. >>> 24 years ago today the soerm soviet news agency briefly disclosed what would become the world's worst civil nuclear disaster. >> the soviets were reluctant to reveal much about the chernobyl nuclear plant accident. from the abc news vault, "nightline" coverage from april 28th, 1986. >> reporter: in the soviet union, there is rarely bad news. airplane crashes are not ordinarily reported. many of the west
toyota had their problems, gm easily had their problems. ford really is on fire. >> it's a dramatic turnaround. a lot of people are concerned that progress isn't sustainable. if you look at wall street some of the stocks dipped by about $1. people are concerned. >>> coming up, challenges in covering the worst-ever nuclear sister disaster. >> that's next from the abc news vault. [shouting] [swords clank] watch out! give me all your treasure! imagine what a little time can do...
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Apr 19, 2010
04/10
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. >>> toyota says it will pay the largest government penalty ever against an automaker. the company today will approve paying a $16.4 million fine. the transportation department had proposed the fine because toyota waited four months to report the gas pedal defects that resulted in the recall of millions of vehicles. >>> a financial reform bill is expected to be brought to the senate floor this week. the bill's supporters say it changes some of how wall street's biggest players do business. critics don't think so. but as david kerley reports that isn't getting the obama administration down. >> it may not have sounded like it with republicans saying the bill should be scrapped, they should start off with a bipartisan effort. but the administration says it's confident that financial reform is going to pass soon. and the treasury secretary believes he'll even get some republican votes. >> i believe that we are very close on this. that we agree on the vast bulk of the things necessary to end too big to fail, protect taxpayers in the future. that's one reason why i'm so confi
. >>> toyota says it will pay the largest government penalty ever against an automaker. the company today will approve paying a $16.4 million fine. the transportation department had proposed the fine because toyota waited four months to report the gas pedal defects that resulted in the recall of millions of vehicles. >>> a financial reform bill is expected to be brought to the senate floor this week. the bill's supporters say it changes some of how wall street's biggest...
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Apr 17, 2010
04/10
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toyota recalls even more of its vehicles. stay with us after the break. thank you so much. constipation's uncomfortable enough, so why take a harsh laxative? phillips' caplets work naturally with your colon... for overnight relief without cramps. phillips' caplets. all of it connected. sustaining every living thing. there's nothing more important on our planet, than water that's why brita has partnered with the surfrider foundation. because cleaner water in our world, is just as important as cleaner water in our homes. reduce lead and other contaminants... with the advanced filtration system of brita. i thought you said carl was our best presentation guy. [ worker ] well, he is. last week he told my team about fedex office print online for our presentations. we upload it to fedex office, then they print, bind, and ship it. the presentation looks good, right? yes, but -- you didn't actually bring carl with you. good morning! but i digress. [ male announcer ] we understand. you need presentations done right. and right now save 20% on all online printing purchases. visit fedex
toyota recalls even more of its vehicles. stay with us after the break. thank you so much. constipation's uncomfortable enough, so why take a harsh laxative? phillips' caplets work naturally with your colon... for overnight relief without cramps. phillips' caplets. all of it connected. sustaining every living thing. there's nothing more important on our planet, than water that's why brita has partnered with the surfrider foundation. because cleaner water in our world, is just as important as...
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Apr 22, 2010
04/10
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cash for clunkers and toyota's pr nightmare helped a bit. mostly it was bankruptcy which lightened their financial burdens like bloated union pensions. a line of well-reviewed vehicles in the pipeline for years is finally catching on with the public. and with the bailout came a massive shakeup in management. >> general motors has undergone a revolution in its top management. because they don't have loyalties to the past they can go in with fresh ideas. >> reporter: when ed whitacre took over he soon fired most of the general managers, replacing them with innovators from places like silicon valley. >> we invite you to take a look at the new gm. >> reporter: and now the star of their new commercials must convert momentum into money. because general motors still owes america $45 billion. that is how much stock we, the taxpayers, now own. but if gm can stay on this path and start making real money the treasury can sell a lot of that stock in the next few years and maybe make most of that money back, and then both presidents bush and obama can ta
cash for clunkers and toyota's pr nightmare helped a bit. mostly it was bankruptcy which lightened their financial burdens like bloated union pensions. a line of well-reviewed vehicles in the pipeline for years is finally catching on with the public. and with the bailout came a massive shakeup in management. >> general motors has undergone a revolution in its top management. because they don't have loyalties to the past they can go in with fresh ideas. >> reporter: when ed whitacre...
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Apr 16, 2010
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. >> toyota camry, four-door, gray. >> reporter: just down the street, officers ready to pull over the offender, some of whom are still gabbing away. >> you're talking to your dad? >> yeah. >> why don't you go ahead and end the call? >> all right. bye, dad. >> reporter: this afternoon at this one location officers issued ticket after ticket. 91 in all. it's a $100 fine. the ticketed drivers were in no mood to talk. but this one supports the effort. >> i do agree. especially when there's people that's texting and you're driving it's very dangerous. >> reporter: this program will hopefully convince drivers to practice what they preach. connecticut and new york are the two states trying this pilot program, the crackdown. the enforcement will come in waves overt next year. if successful in reducing distracted driving, the department of transportation hopes that other cities and states will follow suit. lisa stark, abc news. >> in new york city they put serious limits on cab drivers and what they can do on the cell phone and whether they should be talking at all, but they still get around i
. >> toyota camry, four-door, gray. >> reporter: just down the street, officers ready to pull over the offender, some of whom are still gabbing away. >> you're talking to your dad? >> yeah. >> why don't you go ahead and end the call? >> all right. bye, dad. >> reporter: this afternoon at this one location officers issued ticket after ticket. 91 in all. it's a $100 fine. the ticketed drivers were in no mood to talk. but this one supports the effort....
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Apr 1, 2010
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analysts predict big increases over last year, including toyota, due to deep discounts. >>> finally a huge piece of public art will soon go up at london's olympic park. it will be taller than new york's statue of liberty. >> the 400-foot tubular sculpture will be unusual and it's difficult to describe. more from the bbc's david sillito. >> reporter: there may be more than two years to go but the olympic stadium is certainly taking shape. but it was felt that something's missing here. it needs an artwork. they thought maybe a tower. they're going to get one. it's a tower with a twist. orbit. a dipping, swirling, spiral of steel. a landmark piece of art that you'll be able to climb and use as a vantage point to view the olympic park. it is a sort of tower. but in his studio the artist annish kapur explained to me, he didn't want another eiffel tower. >> traditionally a tower is pyramidal in structure. we've done quite the opposite. we have a -- a flowing, coiling form that changes as you walk around it. >> reporter: and it's going to be an imposing presence. at 115 meters high, orbit is
analysts predict big increases over last year, including toyota, due to deep discounts. >>> finally a huge piece of public art will soon go up at london's olympic park. it will be taller than new york's statue of liberty. >> the 400-foot tubular sculpture will be unusual and it's difficult to describe. more from the bbc's david sillito. >> reporter: there may be more than two years to go but the olympic stadium is certainly taking shape. but it was felt that something's...
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Apr 24, 2010
04/10
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toyota says it's going along with brazil's decision and denies they've done anything wrong. more than 8.5 million toyota vehicles recalled worldwide because of safety problems. >>> new fundraising reports show democrats outraise republicans in march. the three democratic campaign committees, d.n.c., d.s.c.c., and the dccc raised $29 million in the month. major republican committees raised $24 million in this key mid-term election year. >>> one thing is for sure, democrats and republicans both are still putting the party in political party. correspondent james rosen hit the town to show us where a lot of the big donor contributions are going! >> reporter: plush hotel, corporate jet, elaborate floral arrangeles, not the things you associate with winning elections but the forms show the democratic and republican national committees sending lop-sided funds on staff needs and lavish lusry items. dnc spent $60 million or 60% of the total revenue on administrative and fundraising costs and the rnc posted higher totals. >> these are tips, these are gym memberships. we see a variety
toyota says it's going along with brazil's decision and denies they've done anything wrong. more than 8.5 million toyota vehicles recalled worldwide because of safety problems. >>> new fundraising reports show democrats outraise republicans in march. the three democratic campaign committees, d.n.c., d.s.c.c., and the dccc raised $29 million in the month. major republican committees raised $24 million in this key mid-term election year. >>> one thing is for sure, democrats and...
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Apr 15, 2010
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court in the land will one day pass judgment on the overhaul health care law, and troubled automaker toyota is conducting safety tests on its luxury suv, the move coming after consumer reports magazine issued a don't buy warning about the 2010 lexus. >>> plus at least nine people are dead, 75 injured in burma, now known as myanmar after three bombs ripped through the city of yongon. authorities still don't know who was behind those blasts. >>> well, here in this country, there are no delays for the tea party express. right now hundreds of rallies taking place across the united states, and they come on the biggest day for this young political movement. tax day. april 15th. meantime, a new poll puts one figure popular with tea partyers virtually neck and neck with president obama, a survey by rasmussen finds president obama has a one percentage point edge over republican texas congressman ron paul in a hypothetical 2012 race. as you probably know congressman ron paul ran for the republican nomination in 2008. joining me now is congressman paul. what do you think of that, one point behind the
court in the land will one day pass judgment on the overhaul health care law, and troubled automaker toyota is conducting safety tests on its luxury suv, the move coming after consumer reports magazine issued a don't buy warning about the 2010 lexus. >>> plus at least nine people are dead, 75 injured in burma, now known as myanmar after three bombs ripped through the city of yongon. authorities still don't know who was behind those blasts. >>> well, here in this country, there...
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Apr 20, 2010
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. >> it's almost like toyota. i think in 2010 we're going to look at two companies that were at the top of their game and largely unscathed by the things that were going on to their competitors and then both of them end up taking major reputational hits. >> you know, someone recently said, i heard somebody called goldman sachs now the philip morris of financial services. and that's not a compliment because you can remember before when philip morris was making a lot of money but had to change the name to altria because of all the bad press about cigarettes. now you've got goldman sachs which ones was a very revered name now also, you know, all these jokes about it out there. this is the earnings. revenue up 36%. profit $3.5 billion, up 91%. compensation, the company made a note in its call that compensation is 43% of their overall revenue, which they said is an all-time low, even though that looks like an awful lot of money. all-time low for the first quarter because that reflects new realities in the operating env
. >> it's almost like toyota. i think in 2010 we're going to look at two companies that were at the top of their game and largely unscathed by the things that were going on to their competitors and then both of them end up taking major reputational hits. >> you know, someone recently said, i heard somebody called goldman sachs now the philip morris of financial services. and that's not a compliment because you can remember before when philip morris was making a lot of money but had...